OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Sen. Cornyn Statement On One-Year Anniversary of the Stimulus

Statement

Date: Feb. 17, 2010
Location: Washington, DC
Issues: Government Budget and Spending

U.S. Sen. John Cornyn (R-Texas), a member of the Senate Finance Committee, today issued the following statement marking the one-year anniversary of the President's stimulus package:

"The Obama Administration promised the American people that their $1.1 trillion stimulus bill would keep unemployment below 8%, create millions of jobs and jumpstart the economy. One year and hundreds of billions of dollars later unemployment is near double digits, nearly four million Americans have lost their jobs, and just 6% of Americans believe that the stimulus has actually created jobs. Regardless of these facts the Administration still claims that the program has been a success and the American people just don't "realize it.' This disconnect -- along with policies that spend too much, tax too much and borrow too much -- explains the credibility problem the Obama Administration has with the American people," Sen. Cornyn said.


Source
arrow_upward